Latest Resources News

Perpetual Resources has reported multiple large-scale lithium pegmatite intersections at its Igrejinha Project in Brazil, highlighted by a significant >40m intercept with visible spodumene. Assay results are awaited to confirm the discovery's potential.

Strata Minerals has initiated its inaugural diamond drilling program at the Penny South Gold Project in Western Australia, supported by a co-funded deep drill hole from the WA Government. This marks a pivotal step in exploring extensions of gold mineralisation near the high-grade Penny Mine.

Paterson Resources has raised A$2 million through a discounted placement and entitlement offer, fully funding an 8,500m drilling program and key project studies at its Grace Project.

Savannah Goldfields launches an 80-hole drilling campaign targeting extensions of key gold deposits near its Georgetown plant, aiming to secure near-term oxide gold feed and extend production life.

Critica Limited has confirmed that its Jupiter Project in Western Australia hosts the country’s largest and highest-grade magnet rare earth clay-hosted resource, with 640 million tonnes at 490 ppm MREO. This milestone underscores Jupiter’s strategic potential in supplying critical rare earths essential for clean energy technologies.

Narryer Metals has formalised a joint venture with Petratherm Limited after the latter met its earn-in commitments, aiming to accelerate exploration at the promising Muckanippie Project in South Australia.

Saturn Metals has reported significant new high-grade gold intercepts at its Apollo Hill project, reinforcing the potential for resource growth beyond the current 2.24 million ounces. Ongoing drilling highlights expanding mineralisation at the Iris and Tefnut zones.

Thor Energy has completed the sale of a 75% stake in its US uranium and vanadium projects to Metals One PLC, receiving £1 million in shares and a cash exclusivity payment. This deal allows Thor to focus on its hydrogen and helium ambitions while Metals One takes operational control.

Global Lithium Resources has finalized a Native Title Mining Agreement with the Kakarra Part B Native Title Group, unlocking the path for its Manna Lithium Project's development and operational progress.

Savannah Goldfields has updated its Agate Creek Mineral Resource to 422,000 ounces of gold, reflecting improved confidence and a shift to a more robust estimation method. The combined Agate Creek and Georgetown Projects now hold over half a million ounces of gold.

ASB’s full-year profit slipped slightly despite solid growth in home and business lending, as the bank invests heavily in technology and housing initiatives.

Rapid Critical Metals has secured a major exploration licence in New South Wales, expanding its landholding 26-fold and strengthening its position in a prolific silver district. This move connects its Webbs Silver Project with Lode Resources’ assets, setting the stage for new discoveries.